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Amendment of section 8, Act VII of 2010
Act: Anti-Money Laundering (Amendment) Act 2020
Section Provisions
ACT XI OF 2020 ACT XI OF 2020 ANTI-MONEY LAUNDERING (AMENDMENT) ACT, 2020 An Act further to amend the Anti-Money Laundering Act, 2010 [Gazette of Pakistan Extraordinary, Part I, 27th February, 2020, pages 78, 79] WHEREAS it is expedient further to amend the Anti-Money Laundering Act, 2010 (VII of 2010) for the purposes hereinafter appearing; It is hereby enacted as follows:- 5. Amendment of section 8, Act VII of 2010.---In the Act, in section 8, in subsection (1), for the word "ninety" the words "one hundred and eighty" shall be substituted and for the full stop at the end a colon shall be substituted and thereafter the following proviso shall be added, namely:- "Provided that the Court may grant further extension for a period up to one hundred and eighty days.".